Sweden: Gradual improvement with elevated unemployment – Nordea
|Nordea’s Anna Westlund reports that Swedish employment has been rising since early 2025, with BAS and LFS data both showing a positive trend. Forward-looking indicators and higher job vacancies point to strengthening labour demand, and Nordea expects unemployment to fall over the year, although it remains elevated and resource utilization in the labour market is still below normal.
Employment rising but slack still evident
"Employment plans have gradually improved during the second half of 2025."
"Plans have dampened at the start of this year, but remain positive indicating increasing demand for labour going forward."
"Overall, the labour market continues to strengthen."
"Forward-looking indicators point to rising labour demand, and employment is expected to continue increasing faster than the labour force, leading to falling unemployment over the course of the year."
"Regardless of the data source chosen, unemployment is elevated."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.